Resources & Guidance
Information to help you understand PPP loan investigations, know your rights, and take informed action.
Understanding PPP Investigations
Knowledge is your best defense. Here is what you need to know about the PPP investigation process.
What Triggers an Investigation?
PPP investigations can be triggered by various factors including loan amount thresholds, discrepancies in reported employee counts, tips from informants, or automated data analysis by the SBA Office of Inspector General (OIG) and the Department of Justice (DOJ).
Who Conducts Investigations?
Multiple agencies may be involved including the SBA OIG, FBI, IRS Criminal Investigation, the Secret Service, and local U.S. Attorney offices. Each agency has different focuses and approaches to PPP-related cases.
Your Rights During an Investigation
You have the right to remain silent, the right to an attorney, and the right to not self-incriminate. You are not required to speak with investigators without legal counsel present. Exercise these rights — they exist to protect you.
Civil vs. Criminal Investigations
Not all investigations are criminal. Many are civil in nature, focusing on loan repayment or administrative penalties. Understanding the difference is crucial for determining the right response and legal strategy.
Steps to Take If You Are Under Investigation
Do Not Panic
An investigation does not mean you have been charged with a crime. Many investigations are resolved without criminal charges. Stay calm and take measured steps.
Consult an Attorney Immediately
Seek legal counsel experienced in federal investigations or white-collar defense. Many attorneys offer free initial consultations. Do not speak with investigators without your attorney present.
Gather Your Documentation
Collect all records related to your PPP loan: the application, bank statements, payroll records, tax returns, and any correspondence with your lender or the SBA.
Document Everything
Keep detailed records of all contacts from investigators, including dates, names, agencies, and what was discussed. This information will be valuable for your legal defense.
Know Your Rights
You have constitutional protections. You do not have to answer questions, consent to searches, or provide documents without proper legal process. Your attorney can guide you on what to share and when.
Frequently Asked Questions
Important Disclaimer
The information on this website is for general informational purposes only and does not constitute legal advice. Every situation is unique, and you should consult with a qualified attorney for advice specific to your circumstances.